(Reuters) - Facebook, Twitter, Alphabet Inc and dozens of other major technology companies are participating in an online protest on Wednesday to oppose proposed changes to U.S. net neutrality rules that prohibit broadband providers from giving or selling access to certain internet services over others.Read Full Article →

The Illinois Department of Revenue issued an informational bulletin to all practitioners, individuals, and businesses providing guidance on the recent Illinois income tax changes. The bulletin discusses estimated income taxes and the rate change impact on filing 2016 and 2017 tax returns for fiscal‐year filers, 52/53 week filers and short‐year filers. Effective July 1, 2017, the individual, trusts, and estates tax rate is increased from 3.75% to 4.95% The corporate tax rate (excluding S corporations) is increased from 5.25% to 7%. Read Full Article →

(Reuters) - HSBC Holdings Plc and UBS Group AG have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate benchmark used in the $483 trillion derivatives market.Read Full Article →

(Reuters) - Microsoft Corp on Tuesday announced an initiative to bring high-speed internet to millions of rural Americans through unused television airwaves in a long-term bet for user growth.Read Full Article →

The FASB's proposed amendment to U.S. GAAP to make businesses more clearly distinguish between short-term debts and long-term debts has faced criticism from many corners, especially from private companies and their accountants. But the board's Private Company Council has reversed its stance and now supports the FASB's proposal.Read Full Article →

(Reuters) - The top U.S. Senate Republican said on Tuesday he would unveil a revised version of major healthcare legislation sought by President Donald Trump on Thursday and planned for a vote next week but divisions within the party left its prospects unclear.Read Full Article →